NOT LISTED FOR SALE

258 Douglas Pike Smithfield, RI 02917

Estimated Value: $497,000 - $547,000

2 Beds
2 Baths
2,244 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $282,000 $126 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,173/month

96 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Bathtub with Shower
  • Raymond Laperche School Rated A
  • Cooling Available
  • Public Transportation

About This Home

As of June 2020

Recently renovated, Well cared for two family home on 3/4 acre lot in desirable, convenient Smithfield area, Two unit offering two beds per unit, Will pass FHA New roof, and septic in past 2 years. Property has a, 4 person ISDS Why pay rent when you can own.Property has already appraised higher than asking price, with FHA

Last Agent to Sell the Property

Jamison Monello

BHHS Pinnacle Realty License #REB.0017233 Listed on: 02/20/2020

BHHS Pinnacle Realty

Last Buyer's Agent

Victoria Antonelli

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,102

Year Built

  • Built in 1964

Lot Details

  • 0.9

Home Design

  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 7 Parking Spaces
  • No Garage

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank

Additional Features

  • 0.9 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 057
  • Assessor Parcel Number 258DOUGLASPIKESMTH

Community Details

Overview

  • 2 Units
  • Douglas Pike Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community

Building Details

  • Operating Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,102

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.9
  • Subdivision Name: Douglas Pike
  • Above Grade Finished Sq Ft: 2244.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1964
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oil Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Type: Drywall, Clapboard
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Individual, Oil, Other
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 39204.0
  • Parcel #: 258DOUGLASPIKESMTH
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 1200.0

Tax Info

  • Tax Annual Amount: 4102.0
  • Tax Lot: 057
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Jun 26, 2020
Sold by
Lms Realty Llc
Bought by
Dolcy Phyllis J
Seller's Agent
Jamison Monello
BHHS Pinnacle Realty
Buyer's Agent
Victoria Antonelli
List Price
$274,900
Sold Price
$282,000
Premium/Discount to List
$7,100
2.58%
Current Estimated Value
$516,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,137
Avg. Annual Appreciation
11.73%
Original Mortgage
$274,928
Outstanding Balance
$243,164
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$272,973

Purchase Details

Closed on
Apr 21, 2016
Sold by
Loppo Mario and Loppo Lucy
Bought by
Lms Realty Llc

Purchase Details

Closed on
Oct 4, 2004
Sold by
Demederios Antonio and Demederios Lorana
Bought by
Loppo Mario and Loppo Lucy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dolcy Phyllis J $282,000 None Available
Dolcy Phyllis J $282,000 None Available
Dolcy Phyllis J $282,000 None Available
Lms Realty Llc -- --
Lms Realty Llc -- --
Loppo Mario $295,000 --
Loppo Mario $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dolcy Phyllis J $274,928
Closed Dolcy Phyllis J $274,928
Previous Owner Loppo Mario $180,500
Previous Owner Loppo Mario $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $282,000 +2.6% $126 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $274,900 -- $123 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,588 $451,000 $191,500 $259,500
2024 $4,647 $321,800 $160,500 $161,300
2023 $4,415 $321,800 $160,500 $161,300
2022 $4,299 $321,800 $160,500 $161,300
2021 $4,247 $247,900 $143,500 $104,400
2020 $4,167 $247,900 $143,500 $104,400
2019 $4,167 $247,900 $143,500 $104,400
2018 $3,257 $185,500 $93,100 $92,400
2017 $3,233 $184,100 $91,700 $92,400
2016 $3,080 $184,100 $91,700 $92,400
2015 $3,542 $201,600 $82,400 $119,200
2012 $3,875 $241,900 $111,700 $130,200
Source: Public Records

Agents Affiliated with this Home

  • Jamison Monello

    Seller's Agent in 2020

    Jamison Monello

    BHHS Pinnacle Realty

    (401) 255-1480

    57 Total Sales

    Jamison Monello
    Section Image

  • V

    Buyer's Agent in 2020

    Victoria Antonelli

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1247734

State-Wide MLS

APN: SMIT-000042-000000-000057

Rhode Island Providence County Smithfield 02917

258 Douglas Pike, Smithfield, RI

Not Listed for Sale

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